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What goes on in Japan does not stay in Japan as BTC catches a ride above 57k
The rebound in the Nikkei and the USD/JPY today have helped to lift some risk based assets and that certainly applies to Bitcoin. The lead cryptocurrency was on the rebound already yesterday evening as it pressed towards 57k. The move higher was able to extend a little earlier today, when it reached a high at 57,302 and it is not far off that high now. Technically we have levels to consider higher up at 59,665 (50% Fibonacci correction) and then at 61,605 (200 day moving average), but they are not immediately on the radar just yet. The rebound from the low at 49,212 has already met its first correction target this morning. That was at 57,152. BTC is currently trading at 57,040
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Nasdaq 100 extends opening gains closer to the first technical correction level (corrected)
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here; it is at 20,325 and represents a 38.2%... -
Nasdaq 100 extends opening gains closer to the first technical correction level
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here that, it is at 20,325 and represents a... -
US consumer confidence and Richmond Fed both miss estimates- EUR/USD edges higher
The earlier noted US economic releases (consumer confidence, new home sales and the Richmond Fed index) have just hit the screens. As noted earlier...
